Traditional Life Insurance

The balance sheets of most ultra-affluent families are comprised of complex assets with varying levels of liquidity. Additionally, most wealth transfer strategies require time to mature. As a result, market volatility and changing financial circumstances can have a material impact on asset creation and preservation.

Traditional life insurance product portfolios can produce attractive, income-tax-free internal rates of return and provide immediate liquidity to the policy owner at the death of the insured(s). A well-constructed life insurance portfolio can help reduce the volatility of a family’s net worth while providing an important liquidity hedge for asset transfer strategies that take time to mature, and help to prevent the forced sale of assets that might otherwise be required to fund estate tax liabilities at the death of an insured.

Traditional Life Insurance Objectives

Create liquidity at the time estate taxes are due to avoid the forced sale of assets

Hedge other estate planning strategies that require time to be fully realized

Fund specific inheritances to heirs or charitable bequests

Establish a guaranteed, fixed- income investment within a family’s intergenerational asset allocation

Provide wealth preservation for current and future generations

Private Placement Investment Accounts

One of Benson Blackburn’s specialties is in the structuring and administration of Private Placement Variable Annuity (PPVA) and Private Placement Variable Universal Life (PPVUL) Investment Accounts.

PPVA Investment Accounts are utilized to defer taxes on alternative asset class investments and to establish charitable legacies in a tax-efficient manner, while remaining in control of the assets. PPVUL Investment Accounts are utilized to eliminate taxes on alternative asset class investments, and to enhance the after-tax performance of Dynasty Trust assets.

PPVA Investment Account Objectives

Compound deferral of current-period income tax

Enhance charitable legacy planning

Streamline pre-immigration planning

Modernize Inefficient retail Variable annuity portfolios

PPVUL Investment Account Objectives

Eliminate and defer current-period income tax

Create tax efficiencies for Dynasty Trust investment holdings

Enhance intergenerational Asset transfer planning

Private Placement Life Insurance is an unregistered securities product and is not subject to the same regulatory requirements as registered variable products. As such, Private Placement Life Insurance (or Annuities) should only be presented to accredited investors or qualified purchasers as described by the Securities Act of 1933. This material should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney or tax advisor.

Client Service & Reporting


We have a disciplined approach
to using technology.

Large life insurance portfolios require a level of ongoing attention that experienced professional advisors appreciate. When a portfolio is broadly diversified among a variety of life insurance companies with premiums due at different times, it becomes critically important to have a process to verify that all premiums are paid in a timely fashion. Benson Blackburn’s Accountability Platform is designed to do just that.

Benson Blackburn has also developed numerous other administrative processes that can be tailored to meet a client’s particular needs, including customized reporting, premium invoicing, Crummey notices, inforce illustrations, scheduled task management, and budget-to-actual tracking and reporting for the insurance policies and any accompanying funding vehicles. Our disciplined approach to using technology to capture policy data enables us to routinely review client portfolios, helps assure proper performance, and quickly identify opportunities for clients to benefit from newly developed ideas and products.